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Bike rides made safe with customers' life insurance

Partnering with State Life Insurance Corporation of Pakistan, Bykea insures its customers against hospitalization, disability, and demise. Karachi, December 17, 2021: Considering the high rate of motorbike accidents and the road safety situation in the country, the widely popular ride-hailing service, Bykea, is now offering insurance coverage to all its customers if they meet any unfortunate road accident while using its service. According to research, bikes are five times more likely to meet accidents than a normal four-wheel vehicle, making the rider and the passenger vulnerable to life-threatening injuries. The insurance offered by Bykea in partnership with the State Life of Pak.

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Shoaib Hussain appointed chairman of SLIC

Shoaib Hussain appointed chairman of SLIC Karachi April 6, 2021 Karachi: State Life Insurance Corporation of Pakistan, the country’s largest life insurance company, has announced the appointment of Shoaib Javed Hussain as its Chairman, effective 17th March 2021. Mr. Hussain has 20 years of management experience at leading Global Insurance Groups & Consultancies in the United Kingdom and in Asia. Mr. Hussain brings with him his deep understanding of the insurance industry, wide knowledge of strategic executive perspective and technical acumen that he has gained through global engagements across Europe, North America & Asia. Before joining State Life, Mr. Hussain held senior leadership positions with AIA Insurance Group, Milliman, and Prudential plc of the United Kingdom.

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